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Stock market update: Power stocks up as market falls

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August 1, 2023
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Stock market update: Power stocks  up  as market  falls
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NEW DELHI: Power shares closed lower in the Tuesday’s session.

Jaiprakash Power Ventures(up 9.84%), Orient Green Power Company(up 8.42%), Indo Tech Transformers(up 4.99%), Indowind Energy(up 4.94%), Jyoti Structures(up 4.69%), RTNPOWER(up 4.00%), DPSC(up 3.64%), Power & Instrumentation(Gujarat)(up 3.50%), Reliance Power(up 3.34%) and Tata Power Company(up 3.25%) stood among the top gainers.

Power Grid Corporation of India(down 5.36%), Karma Energy(down 3.75%), Adani Transmissions(down 2.04%), Gujarat Industries Power(down 1.46%), Inox wind(down 1.37%), KEC International(down 1.34%), CESC(down 1.28%), GE Power India Limited(down 1.17%), Alstom T&D India(down 0.87%) and Kalpataru Projects International(down 0.71%) were among the top losers of the day.

The NSE Nifty50 index ended 20.25 points down at 19733.55, while the 30-share BSE Sensex closed down 68.36 points at 66459.31.

Coal India(up 4.84%), NTPC(up 3.11%), Tech Mahindra(up 2.51%), HCL Technologies(up 1.95%), LTIMindtree Ltd(up 1.75%), Eicher Motors(up 1.5%), Mahindra & Mahindra(up 1.23%), Tata Consultancy(up 0.89%), Infosys(up 0.7%) and HDFC Bank(up 0.67%) stood among the top gainers in the Nifty pack.

On the other hand, Power Grid Corporation of India(down 5.36%), Hero MotoCorp(down 3.17%), Apollo Hospitals Enterprises(down 2.73%), IndusInd Bank(down 1.63%), Bajaj Finserv(down 1.62%), Adani Ports & Special Economic Zone(down 1.61%), Reliance Industries(down 1.41%), State Bank of India(down 1.35%), Divis Laboratories(down 1.22%) and Maruti Suzuki(down 1.06%) closed in the red.

Tags: fallsGlobal Stock Market SectorsIndia stock market sectorsMarketPowerS&P 500 SectorsS&P SectorsSectors in stock MarketStockStock Market Sectorsstocksupdate
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